Red Rover Ventures
Red Rover Ventures shows inconsistent financial performance with recent expenses exceeding revenue.
EIN: 201087294 · Scottsdale, AZ · NTEE: P30 · Updated: 2026-03-28
Is Red Rover Ventures Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Red Rover Ventures directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Red Rover Ventures
Red Rover Ventures (EIN: 201087294) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code P30. The organization reported total revenue of $194K and total assets of $537K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Red Rover Ventures's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Red Rover Ventures is a small nonprofit that has been operating for 21 years, with 3 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 39.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $212K |
| Total Expenses | $411K |
| Surplus / Deficit | $-199,273 |
| Total Assets | $67K |
| Net Assets | $67K |
| Operating Margin | -94.0% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, Red Rover Ventures reported a deficit of $199K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2011–2023), Red Rover Ventures's revenue has grown at a compound annual growth rate (CAGR) of 39.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.6% | +809.6% | -74.4% |
| 2022 | +7433.6% | +1277.6% | +17449.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Red Rover Ventures with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Red Rover Ventures allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $199K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation were paid to officers, which is commendable for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Red Rover Ventures's IRS 990 filings:
- Significant net loss in the most recent filing (202312), with expenses ($411,266) nearly double revenue ($211,993).
- Highly fluctuating asset base, from $263,763 in 2022 to $67,475 in 2023, then to $536,725, suggesting potential instability or major operational shifts.
Strengths
The following positive indicators were identified for Red Rover Ventures:
- Consistent reporting of 0% officer compensation across all filings, indicating a commitment to minimizing executive overhead.
- History of positive net revenue in some periods, such as 202212 where revenue ($305,336) significantly exceeded expenses ($45,214).
Frequently Asked Questions about Red Rover Ventures
Is Red Rover Ventures a legitimate charity?
Based on AI analysis of IRS 990 filings, Red Rover Ventures (EIN: 201087294) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Red Rover Ventures spend its money?
Red Rover Ventures directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Red Rover Ventures tax-deductible?
Red Rover Ventures is registered as a tax-exempt nonprofit (EIN: 201087294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Red Rover Ventures financially stable?
Based on the provided data, Red Rover Ventures' financial stability appears inconsistent. While the organization has periods of strong revenue generation, the most recent filing (202312) shows expenses ($411,266) significantly outpacing revenue ($211,993), which raises concerns about its short-term financial health.
How does Red Rover Ventures manage its administrative costs?
The organization reports 0% officer compensation across all filings, which is a strong indicator of low administrative costs related to executive salaries. However, a full breakdown of other administrative expenses is not available in the provided summary.
What caused the significant increase in expenses in 2023?
The data shows a substantial jump in expenses from $45,214 in 2022 to $411,266 in 2023. Without further detail from the full 990 filing, it's impossible to determine the exact cause, but it could indicate a significant program expansion, one-time capital expenditure, or operational challenges.
Filing History
IRS 990 filing history for Red Rover Ventures showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2023), Red Rover Ventures's revenue has grown by 5130.5%, moving from $4K to $212K. Total assets increased by 4389.4% over the same period, from $2K to $67K. Total functional expenses rose by 12431%, from $3K to $411K. In its most recent filing year (2023), Red Rover Ventures reported a deficit of $199K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $212K | $411K | $67K | $0 | — | — |
| 2022 | $305K | $45K | $264K | $0 | — | View 990 |
| 2011 | $4K | $3K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $212K, expenses of $411K, and assets of $67K (revenue -30.6% year-over-year).
- 2022: Revenue of $305K, expenses of $45K, and assets of $264K (revenue +7433.6% year-over-year).
- 2011: Revenue of $4K, expenses of $3K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Red Rover Ventures:
Data Sources and Methodology
This transparency report for Red Rover Ventures is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.